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FINANCIAL_SERVICESONGOING

town_of_smithfield_selectmens_meeting_minutes.pdf

Board Extends Skowhegan Savings CD for Six Months

Town of SmithfieldSKOWHEGAN SAVINGSSeptember 2, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board of Selectmen opted to keep the town's certificate of deposit at Skowhegan Savings invested for another six months. The decision allows the CD to continue earning interest under existing banking arrangements.

Contract Details

Vendor

SKOWHEGAN SAVINGS

Agency

Town of Smithfield, ME

Contract Type

FINANCIAL_SERVICES

Document Date

September 2, 2025

Contract Term

6 months

Renewal Info

CD investment retained for an additional six-month term; future renewal decisions will be revisited upon maturity.

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